ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 11.4 as on 03-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
-0.5%
1%
3.3%
-1.7%
4%
Benchmark
-0.9%
-0.3%
2.6%
3.6%
10.4%
About the Fund

ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on  31 December, 2019. The fund is managed by Vikrant Mehta, Rohan Korde, Dhimant Shah, Tanay Gabhawala. This fund gives you the benefit of diversification.

Key parameters

1) ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has a NAV of 11.3574 as on 03-02-2023.

2) ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has 544 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.35 %.

Fund Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
AUM
AUM
₹544 Cr
Inception Date
Inception Date
31 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1509.97%

Fund Distribution as on (31-Dec-22)

  • Equity 49.7%
  • Debt & Cash 50.3%
Size breakup
Large cap
65.7%
Mid cap
0.2%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

33.7%

Energy

15.3%

Tech

13.5%

Consumer Cyclical

12.2%

Basic Materials

6.9%

Consumer Defensive

6.1%

Utilities

4.6%

Industrial

3.4%

Health

2.8%

Communication

1.6%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings71
Debt Holdings8
Holdings
Weight%
Holdings Trend
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
5.98%
0%
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd
5.49%
0%
Future on Maruti Suzuki India Ltd
Future on Maruti Suzuki India Ltd
4.9%
0%
Future on Reliance Industries Ltd
Future on Reliance Industries Ltd
4.71%
294.8%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.3%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 544.3 Cr
Nov'22
₹ 544.3 Cr
Oct'22
₹ 561.9 Cr

Fund Returns vs Benchmark

Jan'23
2.90%
5.19%
Dec'22
-1.76%
-1.39%
Nov'22
1.37%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
79
76
75
Top 5 Company Concentration
23%
23%
21.5%
Company having highest exposure
Reliance Industries Ltd (6%)
Reliance Industries Ltd (6.1%)
Maruti Suzuki India Ltd (5.7%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
80.9%
76.5%
77.6%
Sector having highest exposure
Cash Equivalent (43.8%)
Cash Equivalent (32.7%)
Cash Equivalent (34.8%)

Fund Manager

Vikrant Mehta

Vikrant Mehta

Fund Manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 10 February 2022
Rohan Korde

Rohan Korde

Fund Manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 1 December 2022
Dhimant Shah

Dhimant Shah

Fund Manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 8 August 2022
Tanay Gabhawala

Tanay Gabhawala

Fund Manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 21 October 2022

AMC details

Fund House
ITI Asset Management Limited
Total Schemes
Total AUM
₹3.58K Cr
as on 31-Dec-2022
Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Email
mfassist@itiorg.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.2% since inception which is less than its category average return of 8.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 49.72% in Equity, 6.32% in Debt and 43.95% in Cash related instruments
AUM size ₹544 Cr

AUM size ₹544 Cr

This fund has AUM of ₹544 Cr which is less than its category average of ₹ 7592 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 11.28 as on 30-Jan-2023.
Existing (Absolute + CAGR)
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.75%
-0.75%
6 Month Returns
3.07%
3.07%
1 Year Returns
-0.85%
-0.85%
3 Years Returns
9.73%
3.14%
5 Years Returns
0%
0%
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0.35 as on January 2023
544 Cr as on January 2023
Reliance Industries Ltd(5.98%),Maruti Suzuki India Ltd(5.49%),Tata Consultancy Services Ltd(4.3%),HDFC Bank Ltd(3.89%),ICICI Bank Ltd(3.38%) as on January 2023
Cash Equivalent(43.76%),Financial Services(16.73%),Energy(7.6%) as on January 2023
AAA
100
Vikrant Mehta,Rohan Korde,Dhimant Shah,Tanay Gabhawala are the fund managers of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.